At First Loan Choice we understand that securing online personal loans is not always the best option for helping our clients with troublesome credit card debt. Sometimes a far better solution is to use a different method to reduce the burden of high credit card balances, one that changes the structure of the debt, secures much lower interest rates and results in a single lower monthly payment that can help our clients to breathe freely again.

The process that we use to achieve this is known as debt consolidation, and First Loan Choice has had great success in helping our clients to solve their credit card issues by entering into debt consolidation programs. With debt consolidation high interest rate credit card accounts are consolidated into just one lower monthly payment that is negotiated down to a much lower interest rate. Not only does this reduce the stress of monthly bills, it also helps to ensure that our clients can take advantage of the lower interest rates and pay off their credit card debt years in advance. Another very important aspect of debt consolidation is its ability to provide all of these major benefits while having no negative impact on credit scores, helping to ensure that clients who choose debt consolidation are not negatively impacted as they apply for online personal loans in the future.

Debt consolidation is often the best solution to solving credit card debt issues not only because of the much lower interest rates acquired, but also for the simple reason that individuals with troublesome credit card debt might not yet be able to solve their problem with a low interest rate personal loan due to income or credit score issues. If borrowers are not yet able to close on personal loans at low interest rates, debt consolidation becomes a far more attractive option that brings with it interest rates as low as 5%. When borrowers raise their credit scores, often through working with a credit analysis company, they will become able to secure loans at rates on par with what can be immediately achieved through debt consolidation.

To qualify for debt consolidation, an individual must have at least $3,000 credit card debt, to which other outstanding debts such as hospital bills may or may not be added. The process is simple, fast and extremely effective. Clients can use the First Loan Choice debt consolidator calculator to see if they meet the requirements for our best debt consolidation companies to begin working on your credit card debt.

Debt consolidation loans for individuals with bad credit have proven time and time again to offer the best results for those burdened with oppressive credit card debt. Call First Loan Choice today at (866) 978­6863 and we'll be more than happy to review your case and immediately connect you with one of the very best debt consolidation agencies. Lowering your monthly credit card payments and interest rates through debt consolidation can be your first step to a brighter and happier financial future!